3587 Waverly Circle, Destin 32541 (Active)
Listing Information
| Property Type: Detached Single Family |
| MLS #: | 972716 | Price: | $1,400,000.00 | Year Built: | 2000 | Square Feet: | 2695 | Bedrooms: | 5 | Bathrooms: | 4 Full |
| HOA Fees: | $1,230.40 | Lot Size: | 0.11 acres | Lot Dimensions: | 50x100 |
Subdivision: Destin Pointe
Description:
INVESTOR DREAM in Destin Pointe - 9.4%+ NET CAP RATE WITH PROVEN INCOME! Located in the popular gated community of Destin Pointe, this high-yield SHORT-TERM RENTAL GROSSED OVER $202K in 2023 and is already at nearly $130K YTD for 2025. With annual ownership costs of just $47K, this property delivers strong cash flow--and even includes an ASSUMABLE 4.375% CONVENTIONAL LOAN (qualification required). Designed for dual-family or group bookings, the home features TWO KITCHENS, offering rare flexibility and privacy for guests. Enjoy a private in-ground POOL, DEEDED BEACH ACCESS, NEW 2024 metal roof and water heater, 2022 HVAC, and fresh paint inside & out. The seller is also offering to continue professional property management at just 15%. Ready for your next hIgh-performing investment?
Photos
Features
Parking Features: Garage, Guest
Project Facilities: Beach, Deed Access, Fishing, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, Tennis
Construction/Siding: Foundation On Piling, Frame, Roof Metal, Trim Wood
Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Pool - In-Ground, Porch, Sprinkler System
Interior Features: Breakfast Bar, Ceiling Raised, Floor Tile, Floor Vinyl, Furnished - All, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Utilities: Electric, Public Sewer, Public Water, TV Cable
Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Master Suite: MBath Double Vanity, MBath Tile, MBed Balcony
Financing: Conventional, Other
Fees Include: Accounting, Management, Master Association, Recreational Faclty, TV Cable
Existing Leases: Daily/Weekly
Lot/Parcel Access: Paved Road, Private Road
Lot Features: Flood Insurance Req, Within 1/2 Mile to Water
Zoning: Resid Single Family
Schools
| Elementary School: | Destin | Middle School: | Destin | High School: | Destin |
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This listing provided courtesy of Lokation.
This information was last updated on 4/25/2025 1:02:12 AM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2025. All rights reserved.
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